Gilat Satellite Networks (GILT) Reports Q1 Loss of $0.09/Share

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Gilat Announces First Quarter 2015 Results

May 20, 2015 7:50 AM EDT

PETAH TIKVA, Israel, May 20, 2015 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT) (TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its results for the first quarter ended March 31, 2015.

Key Financial Updates:

Revenues for the first quarter of 2015 were $45.2 million compared to $50.9 million in the comparable period of 2014. EBITDA for the first quarter of 2015 was $0.2 million compared to $2.8 million in the comparable period of 2014. Management objectives for 2015: continued growth to revenues between $250 to $260 million and EBITDA... More

Gilat Announces First Quarter 2015 Results

May 20, 2015 7:49 AM EDT

PETAH TIKVA, Israel, May 20, 2015 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT) (TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its results for the first quarter ended March 31, 2015.

Key Financial Updates:

Revenues for the first quarter of 2015 were $45.2 million compared to $50.9 million in the comparable period of 2014. EBITDA for the first quarter of 2015 was $0.2 million compared to $2.8 million in the comparable period of 2014. Management objectives for 2015: continued growth to revenues between $250 to $260 million and EBITDA... More